On December 6th, Southern Finance and Economics reported that according to the Tianyancha App, NIO Automotive Technology (Anhui) Co., Ltd. has undergone a business registration change recently, with its registered capital increasing from 6 billion RMB to 18 billion RMB, an increase of 200%. The company was established in August 2020, with Qin Lihong as its legal representative. Its business scope includes inspection and testing services, research and development of emerging energy technologies, automotive parts research and development, information system integration services, sales of new energy vehicles, sales of new energy vehicle production and testing equipment, sales of new energy vehicle electrical accessories, sales of intelligent in vehicle equipment, sales of integrated circuit chips and products, and development of artificial intelligence basic software. It is wholly owned by NIO Holdings Limited.